Chesapeake Energy (CHK) Pops Higher Following $2.32B Utica Shale Sale
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Price: $87.51 +0.22%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 2.4%
EPS Growth %: -84.1%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 2.4%
EPS Growth %: -84.1%
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Chesapeake Energy Corp. (NYSE: CHK) shares are higher following the announcement that a Total (NYSE: TOT) unit will acquire an undivided 25 percent interest in approximately 619,000 net acres in the liquids-rich area of the Utica Shale for about $2.32 billion.
The stock is up about 3.6 percent Tuesday morning.
The stock is up about 3.6 percent Tuesday morning.
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